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Filing year 2024

Mary Kate Shannon Benevolent Trust

Tazewell, Virginia·EIN 75-6676290·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$583k
Total assets
$8M
Total expenses
$259k
Reported officers
1
Mission

To provide funds for various charitable organizations.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia.

Trustee
Board Member
75th to 90th percentile
$67k
$71k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Mary Kate Shannon Benevolent Trust equaled 26% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

This organization (2024)
26%
Sector median
8%
Middle half of sector
3% to 18%

Based on 5,862 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 7%
from 2023

From $63k in 2023 to $67k in 2024.

$63k
2023
$67k
2024
In today's dollarsEst.
Up 4% in real terms$69k to $71k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 7% from 2023 to 2024, while revenue rose 94%.

$63k in 2023 to $67k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Mary Kate Shannon Benevolent Trust reported revenue and expenses across 2 filing years.

RevenueExpenses
$300k
$239k
2023
$583k
$259k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

Comparable philanthropy, voluntarism & grantmaking organizations in Virginia pay their highest-earning executive a median of $40,231.

25th percentile
$11k
Median
$40,231
75th percentile
$105k
90th percentile
$236k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 335 organizations across 335 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia
FAQ

Common questions about Mary Kate Shannon Benevolent Trust

What does the Board Member of Mary Kate Shannon Benevolent Trust earn?

In 2024, the Board Member of Mary Kate Shannon Benevolent Trust received $67,217 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Mary Kate Shannon Benevolent Trust compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia, the 2024 pay of the Board Member at Mary Kate Shannon Benevolent Trust falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Mary Kate Shannon Benevolent Trust equaled 26% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

What are Mary Kate Shannon Benevolent Trust's revenue and expenses?

In 2024, Mary Kate Shannon Benevolent Trust reported $583k in total revenue and $259k in total expenses on its IRS Form 990.

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